Booking Holdings Inc. $BKNG Shares Purchased by Forum Financial Management LP

Forum Financial Management LP boosted its holdings in Booking Holdings Inc. (NASDAQ:BKNG) by 23.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160 shares of the business services provider’s stock after purchasing an additional 30 shares during the quarter. Forum Financial Management LP’s holdings in Booking were worth $926,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Booking by 1.0% in the first quarter. Vanguard Group Inc. now owns 2,956,462 shares of the business services provider’s stock worth $13,620,154,000 after purchasing an additional 30,054 shares during the period. Northern Trust Corp boosted its holdings in shares of Booking by 0.5% during the first quarter. Northern Trust Corp now owns 370,327 shares of the business services provider’s stock valued at $1,706,063,000 after acquiring an additional 1,699 shares during the period. Deutsche Bank AG boosted its holdings in shares of Booking by 6.6% during the first quarter. Deutsche Bank AG now owns 296,331 shares of the business services provider’s stock valued at $1,365,170,000 after acquiring an additional 18,268 shares during the period. Nordea Investment Management AB boosted its holdings in shares of Booking by 9.5% during the second quarter. Nordea Investment Management AB now owns 226,608 shares of the business services provider’s stock valued at $1,297,331,000 after acquiring an additional 19,578 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Booking by 3.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 222,200 shares of the business services provider’s stock valued at $1,023,655,000 after acquiring an additional 8,015 shares during the period. Institutional investors and hedge funds own 92.42% of the company’s stock.

Booking Stock Down 2.6%

Shares of NASDAQ BKNG opened at $5,093.47 on Friday. Booking Holdings Inc. has a fifty-two week low of $4,096.23 and a fifty-two week high of $5,839.41. The firm’s 50-day simple moving average is $5,438.95 and its 200 day simple moving average is $5,353.66. The stock has a market cap of $165.08 billion, a P/E ratio of 35.42, a P/E/G ratio of 1.62 and a beta of 1.35.

Booking (NASDAQ:BKNG) last issued its quarterly earnings data on Tuesday, July 29th. The business services provider reported $55.40 earnings per share for the quarter, beating analysts’ consensus estimates of $50.32 by $5.08. Booking had a net margin of 19.23% and a negative return on equity of 134.19%. The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same period in the previous year, the business earned $41.90 earnings per share. The company’s revenue was up 16.0% on a year-over-year basis. Booking has set its Q3 2025 guidance at EPS. On average, sell-side analysts anticipate that Booking Holdings Inc. will post 209.92 earnings per share for the current fiscal year.

Insider Buying and Selling at Booking

In other news, Director Vanessa Ames Wittman sold 15 shares of Booking stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $5,291.98, for a total value of $79,379.70. Following the transaction, the director owned 732 shares of the company’s stock, valued at $3,873,729.36. The trade was a 2.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Glenn D. Fogel sold 625 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $5,141.53, for a total transaction of $3,213,456.25. Following the completion of the sale, the chief executive officer owned 22,982 shares in the company, valued at $118,162,642.46. The trade was a 2.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 3,197 shares of company stock valued at $17,260,963. 0.16% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BKNG shares. Evercore ISI boosted their price target on shares of Booking from $5,500.00 to $6,250.00 and gave the company an “outperform” rating in a report on Wednesday, July 30th. BMO Capital Markets reissued an “outperform” rating and set a $6,000.00 price target (up previously from $5,700.00) on shares of Booking in a report on Wednesday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Booking in a report on Tuesday, October 14th. Truist Financial boosted their price target on shares of Booking from $4,720.00 to $5,630.00 and gave the company a “hold” rating in a report on Monday, July 14th. Finally, Morgan Stanley set a $5,650.00 price target on shares of Booking and gave the company an “equal weight” rating in a report on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5,994.00.

Booking Company Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.